State Street SPDR ICE Preferred Securities ETF
PSK
196 hedge funds and large institutions have $517M invested in State Street SPDR ICE Preferred Securities ETF in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 57 reducing their positions, and 26 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 57
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
2% less funds holding
Funds holding: 200 → 196 (-4)
7.85% less ownership
Funds ownership: 46.33% → 38.48% (-7.9%)
9% less capital invested
Capital invested by funds: $568M → $517M (-$51.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$24M |
| 2 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$6.46M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.8M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$5.72M |
| 5 |
AF
Allworth Financial
Folsom,
California
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$28.3M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
-$12.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.46M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.69M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$5.27M |
PSK Hedge Fund Activity: Q1 2021 in Review
196 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2021, worth a combined $517M — down 9% from $568M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PSK and 25 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 78 added.
The largest buyer was Tradewinds Capital Management, opening a new position worth an estimated $24M. The largest seller was State Street, cutting an estimated $28.3M.
- 196 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2021, down from 200 in Q4 2020.
- Funds reported $517M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2021, down 9% quarter-over-quarter.
- 25 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2021 and 26 closed out, a net change of -1 holder.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2021 was Tradewinds Capital Management, an estimated $24M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2021 was State Street, an estimated $28.3M sold.
Based on aggregated 13F filings for Q1 2021.